Waiver of Right to Rescission. The Parties acknowledge that the payment of money, as limited by the terms of this Agreement, shall be adequate compensation for breach of any representation, warranty, covenant or agreement contained herein or for any other claim arising in connection with or with respect to the transactions contemplated in this Agreement. As the payment of money shall be adequate compensation, Buyer and Seller waive any right to rescind this Agreement or any of the transactions contemplated hereby.
Appears in 3 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Atlas Energy, Inc.), Purchase and Sale Agreement (Atlas Energy Resources, LLC)
Waiver of Right to Rescission. The Subject to Sections 13.2 and 13.3, the Parties acknowledge that the payment of money, as limited by the terms of this Agreement, shall be adequate compensation for breach of any representation, warranty, covenant or agreement contained herein or for any other claim arising in connection with or with respect to the transactions contemplated in this Agreement. As Subject to Sections 13.2 and 13.3, as the payment of money shall be adequate compensation, Buyer and Seller waive any right to rescind this Agreement or any of the transactions contemplated hereby.
Appears in 2 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Gastar Exploration LTD)
Waiver of Right to Rescission. The Parties acknowledge that and agree that, subject to Section 13.3, the payment of money, as limited by the terms of this Agreement, shall be adequate compensation for breach of any representation, warranty, covenant covenant, or agreement contained herein or for any other claim liabilities arising in connection with or with respect to the transactions contemplated in this Agreementhereby. As the payment of money shall be adequate compensation, Buyer and Seller waive any right to rescind this Agreement or any of the transactions contemplated hereby.
Appears in 2 contracts
Samples: Membership Interest Purchase Agreement (Callon Petroleum Co), Membership Interest Purchase Agreement (Callon Petroleum Co)
Waiver of Right to Rescission. The Parties acknowledge that that, following Closing, the payment of money, as limited by the terms of this Agreement, shall will be adequate compensation for breach of any representation, warranty, covenant or agreement contained herein or for any other claim arising in connection with or with respect to the transactions contemplated in this AgreementTransactions. As the payment of money shall will be adequate compensation, Buyer and Seller waive following Closing, each Party waives any right to rescind this Agreement or any of the transactions contemplated herebyTransactions.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Silverbow Resources, Inc.)
Waiver of Right to Rescission. The Parties acknowledge that and agree that, subject to Section 13.3, the payment of money, as limited by the terms of this Agreement, shall be adequate compensation for breach of any representation, warranty, covenant covenant, or agreement contained herein or for any other claim Liabilities arising in connection with or with respect to the transactions contemplated in by this Agreement. As the payment of money shall be adequate compensation, Buyer Corporation and Seller Contributor waive any right to rescind this Agreement or any of the transactions contemplated hereby.
Appears in 1 contract
Waiver of Right to Rescission. The Parties acknowledge that and agree that, following Closing, the payment of money, as limited by the terms of this Agreement, shall be adequate compensation for breach of any representation, warranty, covenant or agreement contained herein or for any other claim arising in connection with or with respect to the transactions contemplated in by this Agreement. As the payment of money shall be adequate compensation, Buyer and Seller following the Closing, the Parties hereby waive any right to rescind this Agreement or any of the transactions contemplated hereby.
Appears in 1 contract
Samples: Membership Interest Purchase Agreement (Rex Energy Corp)
Waiver of Right to Rescission. The Parties acknowledge that that, following the Closing, the payment of money, as limited by the terms of this Agreement, shall be adequate compensation for breach of any representation, warranty, covenant or agreement contained herein or for any other claim arising in connection with or with respect to the transactions contemplated in by this Agreement. As the payment of money shall be adequate compensation, following the Closing, Buyer and Seller waive any right to rescind this Agreement or any of the transactions contemplated hereby.
Appears in 1 contract
